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Chip designer $INTC said that its topline results came in line with its outlook & profitability exceeded the company's expectations. YoverY growth was 3%. In the Client Computing Group, the company saw a 3% decline in revenue YoverY with operating margin up 19%. These results were better as the PC supply chain reduced inventories at a slower rate.
$PYPL jumps 6% in after hours on strong results. I am bullish on this stock.
$TSCO stock remained active in the after hours trading and rose more than 2% after the retailer posted better than expected 1Q17 results.
Instagram has reached 700 million monthly active users. Looks like it will hit 1 billion soon. That would make it $FB’s fourth billion-user platform.